Recent Articles of Peter Andrew
You might expect today's low mortgage rates to automatically make home-buying affordable. But it is more complicated than that.
New data suggest as many as 9 million American households could benefit from refinance deals, but are failing to apply. If you're one of them, you need to ask yourself: Why am I paying more than I need by missing out on low current mortgage rates?
Rates for home loans edged up this week, but remain at exceptionally low levels. There are lots of reasons why refinancing could benefit your wider financial position even if they go up more.
With rates down again last week, the resurgence in refinances looks set to continue. But how can you be sure you get the best deal possible?
With key mortgage rates at 16-month lows, the popularity of refinances looks set to rise. And, for millions with HELOCs, that's likely to be a huge relief.